VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/17/11 -- Nevada Copper Corp. (TSX: NCU) ('Nevada Copper') Nevada Copper announces that in furtherance of its commitment to establish appropriate corporate governance practices, the Board of Directors of the Corporation (the 'Board') has established a standing nominating committee (the 'Nominating Committee') comprised of Messrs. Brian Kirwin, Jan Castro and Paul Matysek, each of which are independent directors of Nevada Copper.
The mandate of the Nominating Committee will include considering on a regular basis the number of directors of the Corporation, and identifying and recommending from time to time new nominees as directors of the Corporation, based upon considerations such as (i) the competencies and skills necessary for the Board as a whole to possess; (ii) the competencies and skills necessary for each individual director to possess; and (iii) the time and resources which each proposed nominee to the Board will be able to devote to the Corporation.
About Nevada Copper
Nevada Copper has 72.8 million shares outstanding and is well funded with no debt and approximately $73 million in cash. Nevada Copper is scheduled to release results of its Definitive Feasibility Study at the end of the fourth quarter 2011. Drilling results from the recently expanded 50,000 meter step out and expansion drilling program will continue to be released as they become available.
For additional information about Nevada Copper please visit our website at www.nevadacopper.com.
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